pter 3 Homework Saved Help Save & Exit Submit Check my work Problem 3-18A Analyzing change in sales price using the contribution margin ratio LO 3-1, 3-2 Gibson Company reported the following data regarding the product it sells: Sales price Contribution margin ratio Fixed costs 40 108 $120,000 Required Use the contribution margin ratio approach and consider each requirement separately a. What is the break-even point in dollars? In units? b. To obtain a profit of $60,000, what must the sales be in dollars? In units? c. If the sales price increases to $60 and variable costs do not change, what is the new break-even point in dollars? In units? Break-even point in dollars b. Sales in dolars C. units Break-even point in